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27 Stocks and 73 ETFs for diversifying TSMG (LEVERAGE SHARES 2X LONG TSM DAILY ETF)

The least correlated asset to TSMG (LEVERAGE SHARES 2X LONG TSM DAILY ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with TSMG

SymbolName
Market cap
SectorIndustry
Correlation
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.77
DMDesktop Metal Inc - Class A$165MN/AN/A-0.74
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.72
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.68
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.66
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.66
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.63
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.61
BJBJ`s Wholesale Club Holdings Inc$12BConsumer DefensiveDiscount Stores-0.58
BRK-ABerkshire Hathaway Inc - Class A$1.20TFinancial ServicesInsurance - Diversified-0.58
BRK-BBerkshire Hathaway Inc - Class B$1.05TFinancial ServicesInsurance - Diversified-0.58
LMNXLuminex Corp$620MN/AN/A-0.57
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.57
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.57
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.57
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.56
LXEHLixiang Education Holding Co Ltd$2.70MConsumer DefensiveEducation & Training Services-0.56
WCNWaste Connections Inc$43BIndustrialsWaste Management-0.55
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.54
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.54
SYTSYLA Technologies Co Ltd$60MTechnologySoftware - Application-0.52
CMRXChimerix Inc$766MHealthcareBiotechnology-0.52
PDEXPro-Dex Inc (co)$181MHealthcareMedical Instruments & Supplies-0.51
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.50
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.50
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.49
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.49

ETFs that lowly correlated with TSMG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.98
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.88
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.87
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.86
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.83
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.82
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.82
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.82
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.80
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.80
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.79
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.79
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.77
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.76
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.75
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.74
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.74
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.74
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.73
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.73
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.72
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.71
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.71
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.70
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.70
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.70
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.70
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.70
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.69
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.67
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.67
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.67
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.66
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.66
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.65
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.65
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.64
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.64
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.64
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.63
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.62
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.60
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.58
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.58
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.57
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.56
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.55
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.55
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.54
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.53
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.53
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $117M0.10%Sep 13, 2023-0.52
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.51
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.50
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.50
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.48